Source: Xinhua
Editor: huaxia
2025-08-15 20:09:45
MACAO, Aug. 15 (Xinhua) -- The Monetary Authority of China's Macao Special Administrative Region (SAR) on Friday indicated that the mobile payment activity in the SAR continued to expand in the second quarter of 2025, while turnover from credit cards declined compared with the previous quarter.
Local mobile payment tools recorded 98.0 million transactions between April and June, representing an 8.4 percent increase from the first quarter. The total transaction value reached 8.1 billion patacas (approximately 1.0 billion U.S. dollars), a quarterly increase of 2.3 percent, with the average amount per transaction standing at 82.8 patacas.
Credit card turnover slipped by 0.1 percent to 5.9 billion patacas, the Monetary Authority noted. The number of credit card transactions grew 6.3 percent to 12.5 million. However, repayments, including interest and fees, fell by 6.3 percent to 5.7 billion patacas. ■